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Shanghai maker of electronic materials, tire materials, specialty resins and biodegradable products, founded in 1999.
Red Avenue New Materials Group Co., Ltd. makes photoresists and other electronic materials for the semiconductor and display industries, along with tire-grade rubber additives, industrial phenolic resins and biodegradable products. Based in Shanghai, China and founded in 1999, it raised nearly HKD 3 billion in a September 2026 IPO at HKD 44 per share on the Hong Kong Exchanges and Clearing Limited under the ticker 9607. Planned uses of the proceeds include R&D, facility upgrades, acquisitions, international expansion, debt repayment and working capital.
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